It’s been the fastest turnaround in stock market history; after setting an all-time high in February, American equities have started a precipitous decline that has seen them drop 30% from their high in four weeks. This record drop comes in response to fears that global economies are…
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Trump's push for a stimulus plan failed to have lasting effects on the market. The Dow has dropped below 20,000, but Bitcoin is HODLing.
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The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to…
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Despite gold’s reputation as a hedge against economic uncertainty, its price is plummeting. Is nothing sacred?
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James Wo, a board member of Ethereum Classic Cooperative (ECC), has resigned due to allegations against ECC executive director Bob Summerwill. The post Ethereum Classic Collective board member resigns, withdraws funding support appeared first on The Block.
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Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100…
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Binance’s BUSD has become the fifth largest stablecoin by market capitalization, as investors flock to stablecoins for safety amidst extreme volatility in both the crypto and global financial market. Two weeks ago, $BUSD ranked 6th in market cap for the stablecoin market. As of today, BUSD is…
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Listen now (12 min) | This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The main focus for many people…
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After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current…
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The growing popularity of cryptocurrencies and the expansion of the scope of use inevitably led to the fact that the state was closely interested in this issue and wanted a share in the form of taxes. Different countries with varying degrees of success and efficiency are introducing…
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